KD Logo

Keeping an Eye on Signet Jewelers Ltd (SIG) After Insider Trading Activity

Signet Jewelers Ltd’s recent filing unveils that its Director Ulasewicz Eugenia unloaded Company’s shares for reported $0.18 million on Feb 21 ’25. In the deal valued at $54.13 per share,3,333 shares were sold. As a result of this transaction, Ulasewicz Eugenia now holds 22,752 shares worth roughly $1.16 million.

Then, EUGENIA ULASEWICZ bought 3,333 shares, generating $180,402 in total proceeds.

Before that, VIRGINIA C DROSOS bought 40,000 shares. Signet Jewelers Ltd shares valued at $3,943,600 were divested by the Director at a price of $98.59 per share.

Telsey Advisory Group reiterated its Signet Jewelers Ltd [SIG] rating to a Market perform in a research note published on January 15, 2025; the price target was $65. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early September has reiterated a ‘”a Market perform”‘ rating for it. Citigroup also remained covering SIG and reiterated its “Buy” recommendation on June 14, 2024. Telsey Advisory Group maintained its rating on April 04, 2024. It rated SIG as “a Market perform”.

Price Performance Review of SIG

On Friday, Signet Jewelers Ltd [NYSE:SIG] saw its stock fall -3.39% to $50.96. Over the last five days, the stock has lost -5.10%. Signet Jewelers Ltd shares have fallen nearly -36.86% since the year began. Nevertheless, the stocks have fallen -51.00% over the past one year. While a 52-week high of $112.06 was reached on 01/02/25, a 52-week low of $52.09 was recorded on 02/24/25. SMA at 50 days reached $67.01, while 200 days put it at $85.69.

Levels Of Support And Resistance For SIG Stock

The 24-hour chart illustrates a support level at 49.92, which if violated will result in even more drops to 48.88. On the upside, there is a resistance level at 52.46. A further resistance level may holdings at 53.96. The Relative Strength Index (RSI) on the 14-day chart is 29.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.38%. Stochastics %K at 12.91% indicates the stock is a buying.

The most recent change occurred on March 21, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $100.

Most Popular